Bill > HB196

This bill makes several changes to regional housing authorities in New Mexico. It removes provisions requiring oversight by the Mortgage Finance Authority and instead requires regional housing authorities to comply with the United States Housing Act of 1937 and cooperate with federal agencies like the Department of Housing and Urban Development. It also increases the amount that regional housing authorities can enter into contracts, memorandums of understanding, or other agreements without prior approval. Additionally, the bill specifies the qualifications and expectations for the board of commissioners of regional housing authorities, and requires them to submit annual audits to the state auditor, Department of Finance and Administration, and Legislative Finance Committee.

Government Affairs, Health and Social Services

https://www.nmlegis.gov/lcs/legislation.aspx?chamber=H&legtype=B&legno=196&year=21